Inflation dip benefited lowest and highest income groups most

Households in the lowest and highest income brackets benefited the most from lower inflation in the first half of this year, according to statistics released yesterday. -ST

Singapore to further boost money laundering controls amid 1MDB-linked probe

Menon said the central bank will bolster its enforcement, conduct rigorous investigations and take swift action against errant financial institutions. -Reuters

Buying property in Singapore: Property risks to know

However, like every other profitable endeavor it comes with several risks. -The New Savvy

Verizon to acquire Yahoo in $6.5 billion deal

Verizon Communications on Monday announced plans to acquire Yahoo for US$4.8 billion (S$6.5 billion) in cash, ending months of uncertainty after Marissa Mayer's battered internet giant company said it would review strategic alternatives. -CNBC

Making good with cashback formula

ShopBack chief Henry Chan says his start-up dream is his riskiest and safest investment. -ST

Don't fight a losing battle at work

Not every issue you disagree with needs to be pursued. Knowing when to charge and when to back off is an art few master. -BT

Sephora remains upbeat about Singapore retail sector

It has opened 11 stores here since 2008; its South-east Asia MD reports healthy sales. BT

Indonesian tax amnesty could spark outflow from Singapore wealth industry

Industry experts expect about US$30 billion in outflows. -Reuters

SCMP CEO will step down to join Temasek Holdings in December: Report

At Temasek, he will serve as joint head of sustainability and stewardship group, alongside Ms Cheo Hock Kuan. -AsiaOne

JPMorgan to pay about $271 million to settle Asia hiring probes

JPMorgan Chase and Co is expected to pay to settle criminal and civil probes over its Asian hiring practices. -Reuters

1MDB saga: What we know so far

The long-running saga involving Malaysia's state fund saw two major moves by authorities in the United States and Singapore in the past two days. -AsiaOne

Apple's China revenues could fall 20 per cent: Baidu report

Apple's revenues in China could be down 20 per cent in China in its quarterly earnings report, according to research by Baidu, the so-called "Chinese Google." - CNBC

Najib allegedly linked to 1MDB thefts; Swiss seize Van Gogh, Monet paintings

Although US prosecutors say billions of dollars were stolen from a state investment fund that Malaysian PM Najib founded and oversaw, his government was unmoved by the allegations. -Reuters

Remember the Brexit recession? Yeah, well, never mind

Brexit apparently wasn't what it was cracked up to be. - CNBC

Singapore punters not in a mood to party

THE mood on the local market grew subdued yesterday unlike other leading Asian bourses which notched up further gains, as investors awaited the outcome of a European Central Bank meeting. -MyPaper
 

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